Contributor

Robert Auerbach

Professor of Public Affairs, The University of Texas at Austin

Robert Auerbach, Professor of Public Affairs at the Lyndon Baines Johnson School of Public Affairs, The University of Texas at Austin, was an economist with the House of Representatives Financial Services Committee, chaired by Henry Reuss and Henry B. Gonzalez, during the tenure of four Federal Reserve Chairmen: Arthur Burns, William Miller, Paul Volcker, and Alan Greenspan. He also served at the U.S. Treasury's Office of Domestic Monetary Affairs during the Ronald Reagan administration and in the Federal Reserve System. He was a full professor at the American University in Washington, D.C. (1976-83), and the University of California-Riverside (1983-93). He wrote numerous articles, and two textbooks in banking and financial markets, and "Deception and Abuse at the Fed, Henry B. Gonzalez Battles Alan Greenspan's Bank" (2008) He received a Masters degree in economics from the University of Chicago and Roosevelt University, studying under Abba Lerner who introduced Keynesian theories in the U.S. Auerbach received a PhD in economics from the University of Chicago, where he studied under Milton Friedman who favored capitalism and an efficient safety net for the poor.